USD/CNY fix model: Projection at 6.6631 - Nomura

Nomura's model projects the fix to be 16 pips higher than the previous fix (6.6631 from 6.6615) and 7 pips higher than the previous official spot USD/CNY close of 6.6624. The basket implied change is 8 pips higher than the previous official spot USD/CNY close (6.6632 from 6.6624), Nomura adds.